Sorensen Auto Plaza, INC

$30,200 PPP Loan in Shenandoah, Iowa

Loan Details

Loan Number
5983257002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$30,200
Current Approval
$30,200
Forgiveness Amount
$30,402
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorensen Auto Plaza, INC
Address
1100 W Sheridan Ave
State
Iowa
ZIP Code
51601-1552
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$27,700
Rent
$500
Utilities
$1,000
Health Care
$1,000

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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